RE: Steemit will become mainstream in this "age of social media"? Yes, it will! Here's why.
Hi Fordmogul, I understand all that and tend to agree. The comparison to Bitcoin is tricky though. The idea behind BTC is clear: to be a monetary token or even better: just free market money. One way to assess the sucess of Bitcoin so far is its price in US Dollars. Because that's also the thing that makes people happy who bought in early. Or how many BTC Fans would we have if we'd still have to pay 10K BTC for two pizzas? So now compare that to Steemit. What in the Steemit econosystem would you compare to BTC? The Steem token with 100% yearly inflation? Don't think so. Steem Power where you simply get enough while holding to be protected from dilution - but which is still priced in Steem/BTC. Not really comparable either. SBD? Well, kind of comparable, but backed by Steem, so not really either, because you need a price above zero to "back" SBD and you have to have some other uses for Steem, not just backing SBD or you get the same problems as Bitshares/BitUSD. I agree there might be potential if Steem Power becomes valuable to advertisers. I disagree that the price will magically jump just because we have reached a certain amount of users. That might be enough for luring in all the people who think that way, but no serious investors or advertisers.
Hey fabio!
That's a great question and viewpoints! I responded with a new blog post and featured you as the user who asked the question ...check it out: https://steemit.com/steem/@fordmogul/how-many-people-find-steemit-to-be-an-awesome-idea-and-have-a-desire-to-invest-or-join-but-are-not-convinced-understand-the
Thank you,
Ford Mogul!